World News

Donald Trump’s threat to Germany

American threats are causing real anxiety at the highest levels of German business. On Tuesday, industry organizations met with government officials to discuss the prospect of fresh sanctions on companies dealing with Iran as well as Russia. “There will be major, major concern,” said Michael Harms, the director of the German Committee on Eastern European Economic Relations. fresh Russian sanctions ...

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Venezuela is actually blowing debt payments ahead of a huge, make-or-break bill

As for the upcoming payments, the first is actually due next Friday. The cost of that will bond dipped by a one-year high of $86.80 last week to $83.48 on Monday. the item has rallied by a 12-month low of $62.50 on Aug. 1. PDVSA needs to pay $841 million in principal, plus interest, on that will bond. the item’s ...

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Wells Fargo fires FX trading executives amid report of probe

Wells Fargo fired four foreign-exchange executives amid an investigation into in which business both internally in addition to via regulators, The Wall Street Journal reported Friday, citing sources familiar with the matter. Wells Fargo confirmed the departures to the Journal in addition to CNBC. Shares of Wells Fargo remained about 2 percent higher Friday afternoon. The executive firings in addition ...

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PDVSA blocked coming from using NuStar terminal over unpaid bills

The tangled story of the oil cargo at the heart of the dispute began a year ago, when PDVSA sent 550,000 barrels of crude oil to St. Eustatius on tanker NS Columbus rented coming from Sovcomflot. The oil had been sold to Norway’s Statoil, which planned to retrieve in which at Statia. Before in which could get there, Sovcomflot had ...

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Volvo shares hit record as earnings top forecasts on surging truck demand

Volvo said stretched components supply had continued to have an impact within the third quarter, yet that has a 13 percent rise in truck deliveries as well as sharply higher earnings in its construction equipment arm, This specific was shrugged off. CEO Martin Lundstedt, a former boss at rival Scania, said the bottlenecks that will had mainly hit European truck ...

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Spanish government aims for January regional elections in Catalonia

Jeff J. Mitchell | Getty Images A pro-unity rally marches through Barcelona, Spain, on October 8, 2017, in response to last Sunday’s disputed referendum on Catalan independence. The Spanish government has agreed with the opposition Socialists (PSOE) to hold regional elections in January in Catalonia as part of the extraordinary package of measures to temporarily impose direct rule on the ...

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Europe’s oil capital turns to clean green hydrogen buses

The discovery of oil reserves within the North Sea means in which, in recent times, many have referred to Aberdeen as the “oil capital of Europe.” Times are changing, however. Today, the Scottish city can be home to what can be claimed to be Europe’s largest fleet of hydrogen fuel cell buses. The £19 million ($24.98 million) project means in ...

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Boeing to seal $14 billion order next week

Lee is usually due to meet with Trump in Washington on October 23, the second encounter between both leaders. The Singapore leader said his impression of Trump so far was someone who was “confident of himself” as well as who possessed a “very set view of the entire world, as well as of people.” The 65-year-old added which he hoped ...

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NKorea months coming from perfecting nuclear capabilities

Tomohiro Ohsumi | Bloomberg | Getty Images American as well as Japanese flags in front of a monitor showing a news broadcast of North Korea’s missile launch in Tokyo, Japan, on Sept. 15, 2015. CIA Director Mike Pompeo said Thursday which North Korea will be months away coming from perfecting its nuclear weapons capabilities. “They are close enough currently in ...

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Facebook can be working with publishers to get people to pay for some news

In July, U.S. publishers’ group the News Media Alliance went to Congress to allow which to collectively regain market share by Facebook as well as also Google. Antitrust laws usually prevent companies by forming such an alliance because of the risk of over-dominance, however the group sought an exemption. For its part, the social media giant set up the Facebook ...

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